Pls answer this simple que of a compromise deed
Amandeep Singh
(Querist) 21 February 2010
This query is : Resolved
My father Gurchaaran Singh after death left two properties one at Mohali and other at LUDHIANA. aS PER ARBITRATION AWARD the property of Ludhiana came to my share and property of Mohali to other brother.MY brother challenged the Award and demanded that the Award may be set aside on the following ground, that he has spent Rs. seven lac for the reconstruction of Ludhiana house and also demanded that an oral promise was made that RS. 19 LAC will be paid after issue of TS 1 OF M.Corp.He has no proofs in respect of such claims and he had not spent any amount in respect of the same.
After that a compromise deed has been signed in court and it was accepted that RS.549,000 will be paid to my brother and the para reads as under :
"0n receipt of Rs.549000 all the claims of Kuljit Singh in respect of the estate of
GURCHARAN SINGH shall be fully settled."
Please answer how much money I have to pay my brother Kuljit Singh.
Parveen Kr. Aggarwal
(Expert) 21 February 2010
The sum which you agreed upon while executing compromise deed and getting the case decided in terms of the compromise.
ad. creaminall
(Expert) 21 February 2010
the amount mentioned in the compromise deed.
niranjan
(Expert) 21 February 2010
As per settlement Kuljitsingh's right in his father's property is settled onpayment of rs.549000,would mean that he has given up his right in mohali property.
Kumar Thadhani
(Expert) 25 February 2010
As per compromised amount mentioned in the deed.
